Something Is Rotten In The State Of Yields

Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve Asset In what can only be described as the latest humiliating blow to the crumbling Pax Americana, gold has officially overtaken US government bonds as the world's top reserve asset. The FT reports that, according to a fresh report from the European Central Bank released Tuesday, bullion now accounts for 27% of global central bank reserves at the end of 2025 - up sharply from 20% the prior year. US Treasuries, once the untouchable king of the...

The Stagflation Narrative: What Doomers Get Wrong Authored by Lance Roberts via RealInvestmentAdvice.com, The stagflation narrative dominating financial social media isn’t completely wrong. That’s what makes it so dangerous. After more than 30 years of managing client portfolios through actual inflationary cycles, not watching them on YouTube, I’ve learned that the most damaging investment advice isn’t built on outright lies. It’s built on partial truths, stretched past the point where the data still holds. If you haven’t read Commodity Supercycle: The Enemy Of The Bull Thesis (Part 1), it is an important primer to...

Here we go again. Trump is sending two Zionists—the real estate developer Steve Witkoff, son-in-law Jared Kushner, and VP J.D. Vance—to Islamabad, Pakistan, this weekend to “engage with the Iranians,” as CNN, soon to be owned by the Ellison Zionists, put it. It seems everything is coming up Zionist these days. Apparently, even the Iranians are not disturbed by […]